Sell ADA/USDT – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The combination Cardano/Tether (ADA/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 0.866800000 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.887200000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Southern Doji’ candle pattern is existing. The chart forms ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.954000000
2nd High 0.902500000
Next High 0.887200000
Current Price 0.871500000
Next Low 0.866800000
2nd Low 0.856600000
3rd Low 0.853000000

0.887200000 – 0.884100000 – 0.866100000 – 0.866800000 – 0.856600000 – 0.853000000 — 44.628120445081 – 44.161598254278

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